Short Interest in Braiin Ltd (NASDAQ:BRAI) Expands By 202.0%

Braiin Ltd (NASDAQ:BRAI) was the target of a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 42,689 shares, a growth of 202.0% from the April 15th total of 14,136 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 40,601 shares, the days-to-cover ratio is presently 1.1 days.

Braiin Stock Down 1.2%

NASDAQ BRAI traded down $0.09 during trading hours on Thursday, hitting $7.02. 5,695 shares of the stock were exchanged, compared to its average volume of 133,387. Braiin has a 12-month low of $4.19 and a 12-month high of $33.00. The stock has a 50-day moving average of $7.51.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wall Street Zen raised shares of Braiin from a “sell” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings initiated coverage on shares of Braiin in a research report on Wednesday, May 6th. They set a “sell (e+)” rating on the stock. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Sell”.

About Braiin

Braiin Limited is an Australian technology company leveraging proprietary intellectual property and patented artificial intelligence/machine learning (“AI/ML”) technologies to deliver actionable insights across high-growth verticals: Agriculture, Property Technology, and Customer Experience as a Service (“CXaaS”). Our platforms are designed to address inefficiencies and drive data-backed decision-making across traditionally analog sectors. Our first commercial focus is on the agriculture technology sector, where we have successfully deployed our AI-powered solutions across multiple implementations.